Agreed, Bauxite is common.
However due to ever increasing labour and infrastructure costs it is fast becoming unviable to mine and refine.
Not so in Laos. The low costs for the above in this country in combination with the size of the resource are going to provide patient shareholders healthy profits for many many years to come.
We're very well positioned here and together with Ord's other projects I'm investing/betting that ORD could be worth around couple of bucks a share in 2 years or so.
Management have been terrific and keep their promises. Their goal: " Mid tier producer within 3 years."
Agreed, Bauxite is common. However due to ever increasing labour...
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